July 10, 2013 - A new trend in Estate Planning may be forming. A growing number of parents are requiring their heirs to wait until they are older, sometimes even into their 40's, before they can collect their inheritances. In a recent Reuters article, Chris Taylor writes of how baby boomers and others are curving the trend in estate planning. Whether the reason be due to the growing number of young adults living with their parents, to shielding assets from an heir's potential creditors, or the climbing average age for a first marriage; baby boomers are planning their estates and want to shield their estate while they still can.
Goosmann Law Firm attorneys look forward to assisting individuals with both initial estate planning as well as updating wills and trusts.